INX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0231%/8h= +25.3% APRnext payment +$1.15 per $10,000 · paid last 24h +0.035%

Price spread now: Bybit against Bitget−0.079%7-day average +0.135% · you buy dearer than you sell

Net, funding: paid 7d − costs−$288as in the Funding arb table

Net, price: spread back to 7d avg − costs−$311as in the Price arb table

costs, in and out, $10k−$2902.899% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 4 days (all we have)−0.093%−$9 · spread now −0.079%, 7d avg +0.135%

Together, before fees−0.072%−$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.215% cheaper against Bitget than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of +0.135%). If the spread goes back, that is −$21 on $10k: about 3.1 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.021% in total) that is about 2 months.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.15 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget INXUSDT	0.006312	0.0100	pay 0.0050% / 4h	6m 43s	$396K	$112K	25x
Short	Bybit INXUSDT	0.006307	0.0331	get 0.0165% / 4h	6m 43s	$807K	$397K	13x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee BybitbpOrdersPrice spread, now −0.079%Rate

Funding earned: $48.43
Price spread: −0.079% → +0.135%: −$21.45
Slippage, 4 orders: −$266.92
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$262.93
Costs to cover: 2.899%
Break-even: 45.0 days

Slippage from Bitget: live order book, 44 min ago; Bybit: live order book, 48 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 44 min ago	10.26 bp	80.3 bp −$80	582.2 bp −$5,822	doesn't fit	doesn't fit
Sell Bybit live order book, 48 min ago	5.51 bp	83.4 bp −$83	doesn't fit	doesn't fit	doesn't fit

INX on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International INX-PERP-INTX	−0.1576%	1h	0.006083	−3.628%	$5K	$5K	50x	as long as short
Deribit INX_USDC-PERPETUAL	0.0000%	1h	0.006295	−0.269%	$57K	$20K	10x	as long as short
Bitget INXUSDTlong	+0.0100%	4h	0.006312	long leg	$396K	$112K	25x
KuCoin INXUSDTM	+0.0134%	4h	0.006309	−0.048%	$280K	$55K	20x	as long as short
Binance INXUSDT	+0.0316%	4h	0.006301	−0.174%	$2.1M	$1.6M	25x	as long as short
Extended INX-USD	+0.0328%	1h	0.006301	−0.170%	$1K	$102K	5x	as long as short
MEXC INX_USDT	+0.0328%	4h	0.006305	−0.111%	$903K	$216K	50x	as long as short
Bybit INXUSDTshort	+0.0331%	4h	0.006307	−0.079%	$807K	$397K	13x
BingX INX-USDT	+0.0380%	4h	0.006306	−0.095%	—	$6.5M	—	as long as short
Gate INX_USDT	+0.0466%	4h	0.006300	−0.190%	$1.6M	$72K	25x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster INXUSDT	+0.0728%	4h	0.006303	−0.143%	$19K	$10K	5x	as long as short